Celsius fights to block auction of mining stake

The Manila Times 14 h Philippines

CELSIUS Resources Ltd. is seeking to stop the planned Sept. 8 auction of its 40-percent interest in Makilala Mining Co. Inc. (MMCI), escalating its legal fight with Equinaire Holdings Ltd. over a disputed loan and security agreement. Celsius said it would be filing a motion for reconsideration after a Makati regional trial court denied its petition for interim protection against the foreclosu

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